Cornerstone Technologies Holdings Limited provided group earnings guidance for the year ended 31 December 2022. The board of directors of the Company informed the shareholders of the Company and potential investors that, based on the preliminary assessment of the unaudited management accounts of the Group and information currently available, for the year ended 31 December 2022 (the "Year"), revenue of the Group is expected to increase by approximately 46% as compared with the year ended 31 December 2021, mainly driven by its electric vehicle charging business (the "EV Charging Business"), which is expected to increase by over 350%. The Group is expected to record a net loss attributable to owners of the Company not exceeding HKD 161.0 million for the Year, as compared to a net loss attributable to owners of the Company of approximately HKD 61.4 million for the year ended 31 December 2021.